Property for sale in 150A Lower Granton Road, Edinburgh EH5

• Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought after Edinburgh address. ***Home Report of £315,000 / Guide of £275,000***

• ***171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinburgh, Midlothian EH5 1GL sold for £364,500***

• If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permission).

• This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night ***high yield potential***

• Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre

Prime Property Auctions is excited to bring to market this stunning four-bedroom, duplex apartment located within a sought after Edinburgh address. ***Home Report of £315,000 / Guide of £275,000***

Property Comprises:

Ground floor; Entrance vestibule, hallway, two bedrooms, shower room and ample storage. First Floor; Hall landing, living-room, kitchen, master bedroom with En-suite shower-room and bedroom

Sales Evidence:

***171 Flat 13, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,152, Lower Granton Road, Edinburgh, Midlothian EH5 1EY sold for £375,000,173 Flat 12, Lower Granton Road, Edinburgh, Midlothian EH5 1GL sold for £364,500***

If run as an airbnb, property could command a nightly rate of £140 per night which would generate a monthly income of £3406/month based on 80% occupancy (subject to gaining necessary planning permission).

Property is located near a whole host of local amenities including shops and restaurants, with local schools nearby and easy access to the city centre

For rental purposes, the property could attract a monthly rent of £1650- £1875 pcm, £19,800- £22,500 pa which would provide an excellent gross yield of between 7.2% - 8.1% based on a guide price of £275,000.

The local areas have seen some great sales recently showing that there is strong demand recently.

This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer Now” button on our website.

This property is offered at a fantastic price to ensure an Auction sale.

Potentially high yielding investment property.

The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.

This property has the potential to be used for serviced accommodation, subject to necessary consents, with similar properties achieving a rate upwards of £100 per night ***high yield potential***

Location:

Edinburgh, Scotland's capital city, offers a prime investment opportunity with its rich cultural heritage, robust economy, and strategic location. Known for its historic and architectural landmarks, the city also boasts diverse sectors including finance, technology, education, and tourism. One of the standout features for investors for this property is the amazing beach views and open sea views from the living area space, providing a unique selling point for residential developments.

The city's excellent transport links and proximity to major financial centers make it an attractive destination for businesses and residents alike. Investors can capitalise on Edinburgh's expanding property market, urban regeneration projects, and cultural initiatives to drive economic growth. Additionally, the city's vibrant arts scene, renowned universities, and abundant green spaces create opportunities for leisure and tourism ventures. Investing in Edinburgh promises both significant financial returns and the chance to contribute to the ongoing prosperity and vibrancy of this historic yet forward-looking city in Scotland.